Published May 4, 2022
How to Increase the Value of Your MN Home
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When you decide to sell your house in Minnesota, you'll want to profit as much as possible off of the sale. While Minnesota is currently a stronger seller's market, that doesn't mean your house will sell at a top-dollar price the day you list it. If your home has noticeable flaws, buyers will likely make smaller offers than you were hoping for.
If you want to increase the value of your house in Minnesota before putting it on the market, there are some simple things you can do. Check out the Chris Fritch Team's top tips for increasing your home's value!
Top 4 Ways to Increase Your MN Home's Value
Fix Everything! - The first thing that will turn buyers away from a home is learning it's a fixer-upper. Moving is already stressful and expensive enough, most home buyers don't want to have to spend a lot of money to perform maintenance and repairs on their new house immediately after moving in. While conducting repairs may be expensive, doing so will attract more buyers and increase the value of your home. If your roof has been battered by hail, have it fixed. If your furnace likes to break down in the dead of winter, have it fixed. If your driveway is full of cracks and divots, have it fixed. Marketing your home as being in pristine condition will give it an instant advantage of houses where the new owners will be forced to make costly repairs upon move-in.
Increase the Livable Space - The larger the home, the higher the value. While additions to your home in Minnesota can be extremely costly, there are ways you can work with your existing space to make your house feel bigger without investing as much money. One of the best ways to do so is to finish your attic or basement. While these areas are often used as storage spaces that home owners rarely set foot in, transforming yours into livable spaces will appeal to buyers. Finishing the basement can create a great spot for social gatherings. Finishing the attic provides the opportunity to add another bedroom or even two. Finishing either one can essentially give your house an extra floor, which will appeal to many buyers and enhance the value of your home.
Improve the Curb Appeal - Looking for a way to attract buyers to your home? Start by working on the exterior. If buyers see a house that's badly painted with an unkempt yard, they're likely to keep looking. You can avoid this by taking measures to enhance your home's curb appeal. Start by giving your house a fresh coat of paint in a nice, neutral color scheme. Then, pressure wash your deck and patio areas so they don't look grubby. Finally, you can attend to your lawn and gardens. Make sure your grass is neatly mowed and your gardens are well planted before buyers arrive for open houses and private showings. The more curb appeal your home has, the likelier that buyers are to make an offer you'll like.
Upgrade Kitchens & Bathrooms - When investing money to increase the value of your home in Minnesota, naturally you'll want the greatest possible return on your investment. To get the most bang for your buck, start by refinishing your kitchen and your bathrooms. If your counters and cabinets look cheap, buyers will be turned away. If your shower is small and grimy, buyers will be turned away. Upgrading your appliances for a more contemporary look will impress buyers and make them more likely to make you a generous offer. By contrast, if they're underwhelmed by the state of your kitchen and bathrooms, buyers are more likely to make you a lower offer since they know that at some point, they'll have to pay to remodel these rooms themselves.
Expert Help With Selling Your Home in the Twin Cities
When you're trying to increase the value of your home before putting it on the market in the Twin Cities metro, collaborating with a team of real estate agents can help maximize your home's value. Give Chris Fritch Team with eXp Realty a call today for dependable home selling assistance in the Twin Cities metro area!
